A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...

US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

Germany's annual inflation rate held steady in January but core inflation eased markedly, keeping intact expectations of ...

With U.S. military aid to Ukraine in doubt, Zelensky hopes to convince Trump to get the Europeans on side for confiscating Russia’s frozen assets.

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...

Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...

Progress on inflation was "noticeably" slower last year than in 2023, and upside risks to higher price pressures remain, and therefore the U.S. central bank should adopt a cautious and gradual ...

The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...